Cost of Living in Yarmouth, MA

Population 25,091 · Massachusetts · Data vintage 2023

145
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The median resident in Yarmouth is 56 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Yarmouth is about 35 miles east of New Bedford, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 48% higher than New Bedford's $324,000.

Cost Overview

Housing 158
Rent 125

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Yarmouth

The median home value in Yarmouth is $480,500 — 58% above the national median of $305,000. Median rent runs $1,642/month, 25% higher than the national median of $1,314/month. The median household income of $81,985/year is 10% higher than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Massachusetts's top state income tax rate is 9.0% and the combined sales tax is 6.3%. The climate averages highs of 59.7°F and lows of 43.3°F. Overall, Yarmouth has a cost of living index of 145 versus the US average of 100, meaning it is 45% more expensive.

🏠 Housing

Median Home Value
$480,500
58% above avg
Median Rent
$1,642/mo
25% above avg
Price-to-Rent Ratio
24.4x
Favors renting
Property Tax Rate
1.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,739
1 BR
$1,788
2 BR
$2,346
3 BR
$2,879
4 BR
$3,308
Owner-occupied 81.0%
Renter-occupied 19.0%

💰 Estimated Monthly Budget

Rent median rent
$1,642
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,256/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.5 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.2%

Commute Mode

Drove alone
79.7%
Carpooled
6.8%
Public transit
1.7%
Walked
1.3%
Bicycle
0.9%
Work from home
8.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 1.2%

💼 Income & Employment

Median Household Income
$81,985
10% above avg
Per Capita Income
$53,973
Unemployment Rate
6.2%
30% above avg
Poverty Rate
7.7%
Labor Force Participation
50.7%

🎓 Education

Bachelor's degree+ 22.9%
Graduate degree 17.5%

👥 Demographics

Median Age 55.5
Male median age 51.7
Female median age 58.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.7°F
Avg Low
43.3°F
Annual Precip
44.7"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404146556574818073635445
Low °F 242530394858656356463729
Precip" 3.903.174.253.903.423.142.683.253.854.334.134.68

Frequently Asked Questions

What is the cost of living in Yarmouth, MA?

Yarmouth has a cost index of 145 (100 = national average). It is 45% above the national average.

What is average rent in Yarmouth, MA?

The median gross rent in Yarmouth is $1,642 per month based on 2023 Census data.

What is the average home price in Yarmouth?

The median home value in Yarmouth is $480,500 according to 2023 Census ACS data.

What is the median income in Yarmouth?

The median household income in Yarmouth is $81,985 per year (2023 ACS 5-year estimates).

What is the sales tax in Yarmouth, MA?

The combined state and local sales tax rate in Yarmouth is 6.3%. The Massachusetts state income tax top rate is 9.0%.

Is Yarmouth, MA affordable?

Yarmouth is above average in cost of living, with an index of 145 — about 45% higher than the national average.

What is the weather like in Yarmouth?

Yarmouth has average high temperatures of 59.7°F and average lows of 43.3°F. Annual precipitation is 44.7". Data from NOAA 1991–2020 Climate Normals.

Yarmouth at a Glance

Population
25,091
Median Income
$81,985
Home Value
$480,500
Median Rent
$1,642/mo
Unemployment
6.2%
Avg High Temp
59.7°F
Sales Tax
6.3%
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Explore county-level cost of living data

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